Firerose Foundatoin Inc is located in Madison, WI. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Firerose Foundatoin Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Firerose Foundatoin Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Firerose Foundatoin Inc has awarded 451 individual grants totaling $12,758,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIREROSE FOUNDATION, INC. WILL IN FURTHERANCE OF ITS CHARITABLE PURPOSE PROVIDE FUNDS FOR THE PAYMENT OF HEALTH CARE EXPENSES (INCLUDING HEALTH INSURANCE) TO OR FOR THE BENEFIT OF IMPOVERISHED OR INDIGENT INDIVIDUALS AND FOR THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shana Dall'osto Secretary/tr | 5 | $0 | |
Judith R Faulkner President | 1 | $0 | |
Gordon T Faulkner Vice Preside | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,000,000 |
Interest on Savings | $390 |
Dividends & Interest | $136,221 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,406,551 |
Capital Gain Net Income | $1,406,551 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $28,948 |
Total Revenue | $2,572,110 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,053 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $77,589 |
Contributions, gifts, grants paid | $1,287,500 |
Total expenses and disbursements | $1,365,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Firerose Foundatoin Inc has awarded $1,287,500 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
DICKINSON COLLEGE PURPOSE: SCHOLARSHIP FUND | $200,000 |
FREEDOM FROM RELIGION FOUNDATION PURPOSE: GENERAL OPERATIONS | $7,500 |
CHENREZIG FUND INC PURPOSE: SCHOLARSHIP FUND | $75,000 |
FRIENDS OF PBS WISCONSIN PURPOSE: GENERAL OPERATIONS | $35,000 |
MOORESTOWN FRIENDS SCHOOL PURPOSE: FINANCIAL AID | $200,000 |
LEAGUE OF WOMEN VOTERS OF WI PURPOSE: GENERAL OPERATIONS | $10,000 |